HDFC Bank was established in August 1994. The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalisation of the Indian Banking Industry in 1994.

The bank received stature of scheduled commercial bank in January 1995.

HDFC bank has a nationwide network of 1,725 Branches and 4,865 ATM's in
780 Indian towns and cities. Besides this HDFC bank’s ATM can be accessed by all domestic and international Visa/MasterCard, Visa Electron/Maestro, Plus/Cirrus and American Express Credit/Charge cardholders. Customers in over 500 locations are also serviced through Telephone Banking.

Being a clearing/settlement bank to various leading stock exchanges, the Bank has branches in the centres where the NSE/BSE have a strong and active member base.